Khushhali Bank Limited is a leading Microfinance Bank working in Pakistan. It has a network of 130 branches with its presence in almost every nook and corner of the country. I am serving here as Senior Auditor in Internal Audit Department and performed several tasks including;
Managing the Internal Audit staff with current strength of almost 20 direct reportee
Assisting the Chief Internal Auditor in preparation of reports presented to Board Audit Committee.
Assisting the Chief Internal Auditor in planning and organizing the activities of the Internal Audit Department.
Preparing an annual audit plan of the Department, scheduling and assigning work to meet completion dates, and estimating resource needs.
Development of Audit Programs and making sure they are updated and current.
Review and finalization of all Branch Audit Reports, Branch Audit Executive Summaries and Branch Risk Ratings before submitting to Chief Internal Auditor
Review and finalization of all Management Audit Reports and Management Audit Executive Summaries before submitting to Chief Internal Auditor
Supervising audit supervisors and, through them, the subordinate professional staff
Conducting Training Sessions to Internal Audit Department as well as Training other departments and sales staff regarding Audit function.
Supervising and reviewing Fraud Investigations and Inquiries as and when required.
As Audit Team Lead in Internal Audit Department I performed several tasks including;
Review and finalization of all Branch Audit Reports and Management Audit Reports before submitting to Chief Internal Auditor
Review of Audit Reports of Audits conducted by different teams
Conducting Departmental Audits of different departments of the Bank
Conducting branch audit as Auditor In charge
Conducting Inquiries as and when required.
As Auditor in Internal Audit Department I performed several tasks including;
Conducting Departmental Audits of different departments of the Bank including Finance & Accounts, Treasury Unit, Retail Department, Operations Department, Compliance Unit, Risk Management Department, Marketing Department and Corporate Affairs unit etc
Conducting branch audit as Auditor In charge
Conducting Inquiries as and when required.
Diversified experience in audit and management consultancy services to companies in the oil, government, manufacturing and NGOs sectors. Being a team leader, the responsibilities included dealing with the senior management at the client, delegating and reviewing work of subordinates and presenting completed jobs to Senior Managers and Partners for review. I have performed several other tasks including;
• Developing the audit strategy and audit plan which in turn included obtaining understanding of client’s business, information systems and internal control environment.
• Preparing tailored audit plans focused on individual clients’ business areas significant to the financial statements that are relevant to clients’ risk profiles.
• Performing test of controls and determining nature, timing and extent of substantive procedures based on the control assessment of existing internal controls.
• Providing sufficient amount of Direction, Supervision and Review to audit staff assigned at the audit.
• Preparation of accounts keeping in view reporting requirements of the entity.
• Adjusting the impact of tax and legal considerations in the accounts.
• Evaluating the financial information provided by the client.
• Preparing a formal audit report to express an opinion on the truth and fairness of the financial statements.
• Ensuring that financial statements are prepared in conformity with the identified local and international financial reporting frameworks.
• Advising clients on improving their internal control systems by identification of risk areas and recommending strategies for reducing risk through preparation of Internal Control Memorandums.
• Conducted physical verification and reconciliation of stores & spares and fixed assets.